Institutional Buyers Scooped up BTC at This Price on Coinbase Pro
Coinbase Pro buyers stepped up to buy Bitcoin at $20,000; data suggests mass buying. Coinbase Premium returned to positive territory ...
Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Coinbase Pro buyers stepped up to buy Bitcoin at $20,000; data suggests mass buying. Coinbase Premium returned to positive territory ...
American cryptocurrency trading platform, Coinbase Global Inc has unveiled plans to close down its Coinbase Pro platform by the end of the year. A new trading platform is expected to launch to substitute. (Read More)
Leading cryptocurrency exchange, Coinbase has announced its intention to suspend Coinbase Pro, an advanced, trader-focused service, by the end of the year.
Coinbase announced on Thursday its decision to shut down the Coinbase Pro trading platform that is designed for professional cryptocurrency traders. It will sunset the platform later this year, but did not decide on any date.
The move came as the crypto exchange is adding advanced trading features on its regular Coinbase.com platform. It led many Coinbase customers to “rely on Coinbase Pro and Coinbase.com for overlapping sets of features, and often experience friction when transferring balances back-and-forth between the two products.”
“To resolve this friction and offer customers the best of both worlds, we have rebuilt the full Coinbase Pro advanced trading experience within the Coinbase mobile app and Coinbase.com. As we continue to add more features to Advanced Trade on Coinbase, we will sunset Coinbase Pro later this year,” the exchange stated.
A Platform for ProfessionalsThe California-headquartered crypto exchange launched Coinbase Pro 2018. It served as an alternate crypto trading platform only for professional traders, featuring advanced trading tools and access to the order book.
However, now the crypto company is bringing advanced trading features to Coinbase.com, its regular crypto exchange platform targeted at retail traders.
“On Coinbase.com and the Coinbase app, we have been adding advanced crypto features to foster deeper engagement with the cryptoeconomy, such as staking, borrow, dapp wallet and Coinbase Card, in addition to improvements to our core trading experience,” the exchange added.
Coinbase is the largest cryptocurrency exchange in the United States, but it is now facing tough competition from local units of Binance and FTX. However, the exchange is facing some backlash for recent massive layoffs with a tanking share price.
Meanwhile, the exchange assured that it will continue to bring more features to its crypto trading platform.
“Over the next several months, we will continue to launch new upgrades to Advanced Trade before beginning to sunset Coinbase Pro,” the exchange added. “For customers holding funds on Coinbase Pro, there is no action to take- funds will remain safe on Coinbase.”
This article was written by Arnab Shome at www.financemagnates.com.
Learn all about the man behind Coinbase, the first crypto exchange to go public in “Who Is Brian Armstrong?” Covered: Early Life Early Projects Experience With Coinbase INTRODUCTION Brian Armstrong is an American businessman and the co-founder and CEO of Coinbase, one of the largest and most popular Bitcoin exchanges in the world. Coinbase as […]
The post Who Is Brian Armstrong? appeared first on CryptosRus.
Crypto exchange Coinbase’s NFT marketplace venture will give consumers the option to purchase NFTs with a Mastercard. Covered: Coinbase Partners With Mastercard for NFT Purchases Coinbase’s Upcoming NFT Marketplace Coinbase Partners With Mastercard for NFT Purchases Today via a blog post, the leading centralized exchange Coinbase announced a new partnership with Mastercard. The partnership will […]
The post Coinbase Partners With Mastercard to “Revolutionize” NFT Purchases appeared first on CryptosRus.
Coinbase follows the lead of FTX and Crypto.com by purchasing a US based derivatives platform. Futures are coming to crypto, not just Bitcoin. Covered: Coinbase Acquires Futures Exchange FairX Coinbase Approach To A Regulated Crypto Derivatives Market Coinbase Acquires Futures Exchange FairX Today, Coinbase announced via a blog post that they are acquiring FairX, a […]
The post Coinbase Purchases Derivatives Exchange FairX; Crypto Futures Incoming appeared first on CryptosRus.
Coinbase Pro listings are historically exciting times for cryptocurrencies as they receive validation from a major crypto exchange; which tokens have gotten “Coinbased” recently? Covered: SuperFarm Polkastarter Spell Is The Coinbase Effect Still Relevant? Yesterday morning, Coinbase revealed that the exchange has opened up inbound transfers for a new batch of cryptocurrencies, including Superfarm, Polkastarter, […]
The post Three Fresh Coinbase Pro Listings Pump Amid Bitcoin Recovery appeared first on CryptosRus.
Coinbase is a great first exchange. But what happens when you’re tired of the fees and want a challenge? Coinbase Pro happens. How To Use Coinbase Pro So you may have heard of Coinbase before, but you may not be too fond of the relatively high fees Coinbase charges on its exchange for crypto transactions. […]
The post How To Use Coinbase Pro appeared first on CryptosRus.
Coinbase supposedly continues to undergo some system issues. Coinbase said it resolved the issue as of 2:00 am UTC on
The post has appeared first on thenewscrypto.com
Coinbase is one of the longest running and well established cryptocurrency exchanges on the planet. They have been providing an easy and secure way to purchase crypto using bank cards, wire transfer and credit cards since 2012. Coinbase allow you to easily purchase Bitcoin, Ethereum and other popular cryptocurrencies using their website or mobile app. [...]
The post Coinbase Promo Code appeared first on Blockonomi.
Nonetheless, the Dogecoin-knockoff token was down by more than 80% from its record high of $0.00005.
Horizon’s (ZEN) recent listing on Coinbase Pro pushed its price to rise 15%. ZEN can be traded on Coinbase Pro
The post has appeared first on thenewscrypto.com
Coinbase announces the launch of Horizen (ZEN) into Coinbase Pro. The trading begins on or after 9 AM PT this
COTI jumped 48.2% following listings on Huobi Global and Coinbase Pro. At news time, its 24-hour high stood at $0.49.
On-chain data shows despite the Bitcoin drop to $47k, Coinbase saw outflows of around 31k BTC, a sign that the market could still be bullish. Outflows Of 31k BTC On Crypto Exchange Coinbase As pointed out by a CryptoQuant post, the popular crypto exchange Coinbase has observed huge Bitcoin outflows today. As is apparent from the name, the “outflows” indicator shows the amount of BTC transferred from an exchange to personal wallets. A huge spike in the metric’s value means big investors are moving their Bitcoin out of exchanges either to hodl or for selling through OTC deals. Therefore, outflows are generally good signs for the cryptocurrency’s price as they may imply that there is a buying pressure in the market. Now, here is the chart for Coinbase Pro Bitcoin outflows over the past few months: Coinbase Pro outflows show a huge spike | Source: CryptoQuant As the above graph displays, the indicator has shot up for Coinbase Pro. The outflow value was about 31,107 BTC, which is worth over $1.5 billion at the current price exchange. The exchange is mainly used by US institutional investors so that such a large spike could be bullish for the cryptocurrency. Related Reading | 4 Reasons Why Bitcoin Remains Bullish, What Might Bring New ATHs Big outflows are generally associated with an increase in the price shortly after. A look at the Coinbase Pro outflow history supports the trend; from March 2020 onwards, similar values of the indicator became frequent as the bull run marched on. Bitcoin Price At the time of writing, BTC’s price floats around $48.5k, down 0.16% in the last 24 hours. Though, over the last week the cryptocurrency is still green as its value is about 6.8% up. In the past 30 days, Bitcoin has accumulated 26.4% in gains. The below chart showcases the trends in the price of the coin over the last three months: BTC's price sharply falls down after touching the $50k price level | Source: BTCUSD on TradingView After weeks of climbing upwards, BTC was finally able to break $50k a couple of days ago for the first time since May. However, the coin couldn’t sustain at the level and was rejected downwards. Related Reading | Will Ethereum Reach Its All-Time-High Before Bitcoin? The downtrend has been sharp, and earlier today the price fell down to as low as $47k. However, since then it has recovered somewhat to above the $48k level. It’s unclear which direction Bitcoin will go in next, but if the Coinbase Pro outflows are anything to go by, signs seem to be still bullish for the market. Though, at the moment BTC’s on-chain activity is still very low. If the coin tests $50k again without the network activity going up, a bearish signal could flare up instead.
The growth of the digital asset world resulted in its peripheral industries picking up steam from all directions. Apart from the updates and developments, the cryptoverse has also been witness to news reports involving exchanges mishandling user funds. Coinbase came under fire for the same reason recently when multiple users raised complaints on Twitter. Since […]
A phishing scam netted a fraudster luxury cars and foreign vacations, and then a prison sentence.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.